Under Reagan’s policies, the economy skyrocketed. Under Obama’s policies, by contrast, we’ve just barely gotten back to where we were when the recession began. Unlike past recessions, we haven’t enjoyed a strong bounce. And this means we haven’t recovered the output that was lost during the downturn. – Forbes.com
Post Tagged with: "recession"
January 19, 2012 07:31
Warning Signs That We Should Prepare For The Worst
The vast majority of people out there only believe what they want to believe. They don’t want to believe that a great economic crisis is coming, and so when it does happen they are going to be absolutely blindsided by it.
January 5, 2012 10:23
34 Shocking Facts About U.S. Debt That Should Set America On Fire With Anger
All of this prosperity that we see all around us is just an illusion. It is a false prosperity that has been purchased by the biggest mountain of debt in the history of the world.
December 27, 2011 08:13
Unrelenting Global Economic Crisis: A Doomsday View of 2012
All indications point to 2012 being a turning point year of unrelenting economic crisis spreading outward from Europe and the US to Asia and its dependencies in Africa and Latin America . The crisis will be truly global. – Global Research
December 27, 2011 07:56
A Major Historical Trend That Predicts Recession In 2012
The conclusion was that using evidence from history there was a very good chance that the next recession would start by 2012 especially once we concluded that the artificially long business cycles of the “Golden Era” were a thing of the past. – Business Insider
December 26, 2011 10:16
A Very Scary Christmas And An Incredibly Frightening New Year
The truth is that we are rapidly approaching another financial crisis that may end up being even worse than the horrific crash of 2008.
November 29, 2011 08:14
Cramer: Europe could obliterate whatever good is happening here
“They are in the nuclear blast zone in Europe. They are in it bad. The blast zone of Europe is a nightmare. That’s why their problems could impact us. Europe’s credit crisis is so big it could easily wash up on our shores, easily”
November 28, 2011 05:50
OECD warns of European recession
For the eurozone, the OECD’s predictions are -1% this quarter, and -0.4% next. The group also revised down its forecast for global economic growth to 3.8% this year and 3.4% next year. – BBC
November 23, 2011 08:04
Soft-Landing Nonsense – Global Recession is Here
Should central banks step in, watch for gold, crude, and oil prices to rise, and little else to happen. Central banks and world governments have applied so much totally useless Keynesian and Monetarist stimulus to prevent the inevitable, there may be no landing at all (soft or hard), until a global crash.
November 15, 2011 07:40
Chance of 2012 US recession tops 50%
European debt problems in Greece and Italy could drag down the US economy. Italy’s $2.4 trillion debt is a ruinous milestone which could trigger sovereign bank failures. Promised austerity measures will impact trading. Europe accounts for 21% of US exports.
